FinTech can reposition Bahrain as a pioneer in the global financial market, according to Bahrain Economic Development Board (EDB) managing director Simon Galpin in a research interview with FinTech Global.

Bank access API provider and money transfer system, Dwolla, is powering identity verification and money transfer for Tanda, Yahoo!’s new social savings app.

Mastercard has committed to guaranteeing that all of its customers will have access to biometric authentication services by April 2019.

China-based Fangsiling has reportedly received an $80.3m Series F round led by 9f Bank.

Anorak Technologies has scored a ?4m seed funding round from Kamet Ventures, AXA ?100m incubator.

Visible Alpha, a startup helping analysts and fund managers cope with regulatory changes, has closed a $38m funding round.

An independent group of Islamic Finance and FinTech experts have launched a new UK Islamic FinTech panel.

Tokyo-based bitFlyer, which operates a Bitcoin exchange, has been granted a Payment Institution (PI) license to operate in the European Union.

Analytics software firm FICO has partnered with risk analytics consultants 4most Europe to help European financial institutions comply with banking regulations.

Workforce management company WorkMarket has been acquired by ADP, for an undisclosed amount.